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Home > United States of America > Professionals > Technical info & tools > Builders/Remodelers > Profitable opportunities > Room in the roof > High profitability

High profitability

“Room in the roof” increases the profitability of your homes by:

Reducing the overall per square foot construction cost by 9%*.
Making higher margin dollars on additional space.
Efficiently using land to build up, not out.
Increasing the home appraisal values - finished attics and bonus rooms typically appraise at 100% of the value of the rest of the house while basements typically appraise only 40-70%.

*20x20 third floor

Existing home
2,400 sq ft @ $70 per sq ft
Cost = $168,000

Attic truss premium = $800
Plus additional lumber,
supplies and labor
400 sq ft cost = $25 per sq ft

With "room in the roof"

2,400 sq ft @ $70 per sq ft
Cost = $168,000
400 sq ft @ $25 per sq ft
Cost = $10,000
___________________________
Total cost = $178,000